Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.
There is an old saying in our business that keeps market bulls on edge every year in the late Spring months.
“Sell in May, and go away” has no doubt lived up to its expectations this year and has left traders battered Continue reading "Chart of the week - Gold"
Hello traders everywhere! Adam Hewison here with your mid-day market update for Tuesday, the 29th of May.
It is good to be back after a month away from the markets. In today's short video we are going to be showing you how to instantly analyze any market after a long break away from the markets.
So let's get started.
DailyXchange
Post and prosper with other MarketClub members everyday.
DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Video Update: It's good to be back …"
(AP:NEW YORK) Americans confidence in the economy fell the most in eight months as worries about the weak jobs, housing and stock markets continue to rattle them.
The Conference Board, a private research group, said on Tuesday that its Consumer Confidence Index now stands at 64.9, down from a revised 68.7 in April.
The May figure, which represents the biggest drop since October 2011 when the measure fell about 6 points, shows that consumers need more encouraging news before their concerns start to dissipate. Despite easing gas prices, Americans continue to be concerned about slow hiring, declining home values, big drops in the stock Continue reading "Consumer confidence in the economy plunged in May"
By: Chris Irvin, Veteran Instructor & Trader at The Wizard
It is the most frustrating thing in the world! You sift through, what seems like a million different stocks to find the perfect trade. You time your entry perfectly, and at the moment you enter the trade the chart rolls over on you. It is like the trading floor has a camera focused on you and everyone is told to do exactly the opposite of what you are doing. You can almost hear the snickering.
Okay, we all know that doesn’t really happen, but there are times when it sure feels like it. When we enter or exit a trade, it is as a result of something that convinces you that your stock is going to move in a particular direction for a period of time or the mover has ended. Continue reading "It seems so right – but it goes so wrong!"
We’ve asked Michael Seery of SEERYFUTURES.COMan IB of Peregrine Finanial Group to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.
Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Busines, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show. Continue reading "Weekly Futures Wrap Up w/Michael Seery"
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